A business-friendly CFPB, higher insurance premiums for FHA borrowers and an exit from conservatorship for the GSEs are all possibilities.

Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.

It doesn’t help that the Federal Housing Finance Agency is simultaneously trying to implement a bi-merge to replace the tri-merge method.

FHFA Deputy Director Naa Awaa Tagoe announced several policy changes impacting the GSEs.

“My view is nothing will be done because it’s going to be too hard to get it done,” Jamie Dimon, chair and CEO of JPMorgan Chase, said of the potential for a re-proposal of capital requirements for large banks.

FHFA Deputy Director Naa Awaa Tagoe filled in for agency Director Sandra Thompson at the MBA's annual convention.

“Modernizing and providing more clarity on structuring marketing services agreements and affiliated business arrangements and making it easier for lenders to market digitally to consumers would spur greater competition, increase consumer choices and lower settlement costs without compromising core protections,” Bob Broeksmit, president and CEO of the MBA, said in the trade group's white paper on RESPA reforms.

Mortgage-related complaints submitted to the CFPB were up 2.7% from the second quarter, driven by servicing issues.

Karan Kaul, a senior policy advisor at Ginnie Mae, said Ginnie and others need to analyze the various reform proposals that have been released in recent years.

Mr. Cooper group has reduced its servicing staff and is adding to its originations unit.